REG - CATCo Re-ins Opps Fd - Directorate Change

CATCo Reinsurance Opportunities FundAnnouncement

03/05/2022 12:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220503:nRSC1271Ka&default-theme=true

RNS Number : 1271K  CATCo Reinsurance Opps Fund Ltd  03 May 2022

To: Specialist Fund Segment, London Stock Exchange and Bermuda Stock Exchange

CATCo Reinsurance Opportunities Fund Ltd. (the "Company")

To: Specialist Fund Segment, London Stock Exchange and Bermuda Stock Exchange

Directorate changes

Date: 3 May 2022

 

The Board of Directors of the Company (the "Board") wish to announce that
Margaret Gadow, non-executive director, will resign as director of the Company
with effect from the conclusion of the Company's Annual General Meeting, to be
held on 1 June 2022. This will result in the remaining Board consisting only
of two directors, in order both to reflect the significantly reduced size of
the Company and also to reduce ongoing operating costs. The Board have also
agreed to a 40% reduction in directors' fees, effective 1 May 2022.

 

James Keyes, Chairman of the Company, commented: "Margaret, who was appointed
to the Board in May 2012, has made a considerable contribution to the Board
and to the Company, and I would like to thank her and wish her well for the
future."

 

 

 

 For further information:

 Markel CATCo Investment Management Ltd.

 Judith Wynne, General Counsel

 Telephone: +1 441 493 9005

 Email: judith.wynne@markelcatco.com

 Mark Way, Chief of Investor Marketing

 Telephone: +1 441 493 9001

 Email: mark.way@markelcatco.com

 Numis Securities Limited

 David Benda / Hugh Jonathan

 Telephone: +44 (0) 20 7260 1000

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAUPUUUAUPPGGW